EMPIRE LIFE
MONTHLY INCOME MUTUAL FUND

Series A Mutual Fund as of February 29, 2024

PORTFOLIO MANAGER

Jennifer Law, CFA
Ian Fung, CFA
Empire Life Investment Team

WHY INVEST IN THIS FUND

You are seeking growth and income by investing primarily in Canadian equity and fixed income securities

FUND FACTS

Asset ClassCanadian Balanced
Size (Mill)$52.3
MER (2019)2.09 %
InceptionJanuary 9, 2012
Total Holdings230

RISK TOLERANCE

lowlow to mediummediummedium to highhigh

ASSET MIX

Canadian Equities49.5 %
Canadian Bonds38.0 %
U.S. Equities4.4 %
Cash and Cash Equivalents3.5 %
International Equities2.5 %
U.S. Bonds2.0 %

SECTOR MIX

Financials28.2 %
Energy17.0 %
Industrials15.2 %
Consumer staples8.6 %
Materials8.2 %
Information technology7.0 %
Utilities4.3 %
Communication services4.3 %
Real Estate3.1 %
Health care2.3 %
Consumer discretionary1.8 %

GROWTH OF $10,000 - SINCE INCEPTION

For Illustration Purposes Only

TOP 10 HOLDINGS

Royal Bank of Canada3.5 %
ROYAL BK OF CAD 4.95% 01MAR24 TD 3.1 %
Toronto-Dominion Bank2.5 %
Brookfield Asset Management Inc. 'A'1.8 %
Gov. of Canada, 2%, 6/1/20321.8 %
Bank of Montreal1.7 %
Canadian Natural Resources Ltd. Com1.7 %
Intact Financial Corporation Com1.6 %
Alimentation Couche-Tard Inc. Com1.4 %
WSP Global Inc. Com1.4 %
Total of Top 1020.4 %

COMPOUND ANNUAL RETURNS

1 mo3 moYTD1 yr3 yr5 yr10 yrInception
3.862.97-3.45-0.314.363.39 4.57

CALENDAR YEAR RETURNS

20142015201620172018201920202021
7.880.196.914.63-5.9311.103.3313.25

RECENT DISTRIBUTIONS

Dec-2021Jan-2022Feb-2022Mar-2022Apr-2022May-2022
0.10230.04180.04180.04180.04180.0418

Jun-2022Jul-2022Aug-2022Sep-2022Oct-2022Nov-2022
0.04180.04180.04180.04180.2293 
Empire Life Investments Inc. is the Manager of the Empire Life Mutual Funds (the “Funds”). The units of the Funds are available only in those jurisdictions where they may be lawfully offered for sale and therein only by persons permitted to sell such units. Annual Compound Returns: Returns under 1 year are simple rates of return. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemptions, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. ® Registered trademark of The Empire Life Insurance Company. Empire Life Investments Inc. is a licensed user of this trademark.